Supply Chain Shaman

OCTOBER 1, 2013

As I work with companies, I often contrast the strategies, approaches and outcomes within a peer group. Both companies provide packaging materials to the food manufacturing industry. They were unclear on their supply chain strategy and the role of supply chain planning. The decision was a political tug of war.

Illinois 253

Illinois Waste Reduction S&OP Supply Chain Planning Software 253

Logistics Viewpoints

AUGUST 5, 2021

I was drawn to Hunter and Amory Lovins, who advocated a strategy pairing energy efficiency with renewables, long before its current popularity. After all, what’s the point of installing solar panels only to waste the greener energy produced? Buffering creates waste. Proper disposal can cause downstream issues.

Supply Chain Planning Software 314

Supply Chain Planning Software Sustainability Material Savings Supply Chain Planning 314

Supply Chain Shaman

SEPTEMBER 3, 2015

We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage. Companies need to carefully manage the asset and mitigate the waste. A heated debate ensued.

Waste Reduction 150

Waste Reduction Inventory Reduction Inventory Optimal Sourcing 150

Supply Chain Shaman

AUGUST 12, 2024

I would like for us to move past the conventional view of sourcing strategies and globalization to drive improvements to the supply chain in a variable world. In 8 out of 10 companies I work with, this approach creates a negative FVA introducing error and waste into the supply chain. Supply-centric or Manufacturing Thinking.

Waste Reduction 195

Waste Reduction Supply Chain Planning Software Supply Chain Design Software Sourcing Strategies 195

Logistics Viewpoints

SEPTEMBER 20, 2024

The actions include supporting coal workers, unleashing renewables, banning the relining of coal-based steel furnaces, reducing methane emissions, improving energy efficiency, buying clean, and taxing companies to fund the energy transition. Department of Energy invests $38.8M Department of Energy has awarded $38.8 Developed at the U.S.

Supply Chain Planning Software 245

Supply Chain Planning Software Logistics Network Optimization Software Waste Reduction Supply Chain Software 245

Unleashed

OCTOBER 23, 2023

Efficiency in manufacturing comes from having the right preparation and the most cost-effective processes in your arsenal. Production planning is where you map out how your business will operate – the resources, strategies, equipment, and labour required to hit your production goals.

Waste Reduction 98

Waste Reduction Resource Reduction Inventory Reduction Material Savings 98

The Logistics & Supply Chain Management Society

FEBRUARY 15, 2021

Centralized information eliminates data silos and strengthens information sharing through real-time communication (instead of point-to-point data transmission). Here are just a few examples: Predictive maintenance: In manufacturing, predictive analytics supports predictive maintenance.

Supply Chain Planning Software 298

Supply Chain Planning Software Supply Chain Software Prescriptive Analytics Software Predictive Analytics Software 298

Supply Chain Shaman

JANUARY 25, 2024

My definition of a network is the bi-directional information exchange of manufacturing, procurement, quality, and transportation signals across multiple tiers of trading partners in a many-to-many trading partner information exchange with minimal latency. The rising inventories, and associated waste, should drive a call to action.

Supply Chain Network Software 273

Supply Chain Network Software Manufacturing Procurement Inventory Reduction Purchasing Skills 273

Supply Chain Shaman

NOVEMBER 15, 2021

Especially grievous are the gaps between finance and operations, manufacturing and procurement, and the operations and commercial teams. Lane RFPs focused on cost reduction, but few asked if they had a feasible plan. Cost and Waste Can Be Pushed Backwards in the Value Chain Without Consequences. We are to blame.”

Supply Chain Design Software 285

Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies Supply and Demand 285

GlobalTranz

JULY 28, 2021

An optimized supply chain is one that is as efficient as possible; it is more likely to reduce costs, increase customer satisfaction rates, and add value for stakeholders. That means identifying areas of waste, overlap and large volumes and enabling continuous improvement through the use of transportation metrics to track performance.

Optimal Sourcing 317

Optimal Sourcing Optimization Software Network Optimization Supply Chain Optimization 317

The Logistics & Supply Chain Management Society

AUGUST 15, 2021

DGrade worked with Yas Marina Circuit to identify the most efficient strategy for the collections including placement of bins, recycling display, training facilities management teams, and logistics. Contamination can come in many forms whether it’s food waste, paper, cans, or glass. Contamination in recycling bins.

Material Savings 246

Material Savings Waste Reduction Resource Reduction Manufacturing Procurement 246

Supply Chain Shaman

AUGUST 11, 2014

Eight years ago, we started with a focus on Total Delivered Cost (TDC) and elevating our cost savings program performance, as well as eliminating sub-optimized cost efforts that might have helped in one specific area, but hurt our overall performance. We needed to ensure that we had a strong and predictable base capability to build upon.

Case Study 286

Case Study Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software 286

ToolsGroup

SEPTEMBER 20, 2022

Automation is at the center of modern manufacturing businesses, with companies exploring the possibilities of artificial intelligence in improving workflows and profitability. Industrial engineers incorporate these technologies in designing and fabricating advanced manufacturing systems. How AI Is Changing the Manufacturing Industry.

Manufacturing Procurement 156

Manufacturing Procurement Supply Chain Design Software Optimal Sourcing Supply Chain Planning Software 156

The Logistics & Supply Chain Management Society

APRIL 26, 2022

by Stephanie Krishnan – Associate Vice President, IDC Manufacturing & Energy Insights Asia/Pacific, IDC Asia/Pacific. “By By 2025, to improve long-term supply chain profitability, 60% of manufacturers in global supply chains will invest in software tools to support sustainability and circular economy business models.”.

Supply Chain Design Software 264

Supply Chain Design Software Supply Chain Software Supply Chain Planning Software Sustainability 264

SCMDOJO

DECEMBER 14, 2023

This total time can be further categorized into key components: Procurement Lead Time: This dimension, situated in the upstream supply chain, covers the duration from placing an order to receiving it. Production Lead Time: Encompassing manufacturing, quality control, assembly, and related processes.

Inventory Reduction 93

Inventory Reduction Vendor Strategies Waste Reduction Cost Reduction Strategies 93

SYSPRO Smarter ERP

JULY 19, 2022

Manufacturers are facing a unique set of constraints and efficiency has never been more important to the industry than now. Businesses are continuously trying to find ways to maximize productivity and reduce waste to remain competitive in the global marketplace. What is lean manufacturing? ERP in lean manufacturing.

Manufacturing Procurement 105

Manufacturing Procurement Agile and Lean Supply Chain Lean Waste Reduction 105

Unleashed

APRIL 27, 2022

With material costs rising and the drive towards sustainable practices in full swing, the circular supply chain has become an attractive way for manufacturers and sellers to manage their supply chains in a more environmentally friendly way – and save costs in the long term. So how do you close the loop on your supply chain?

Material Savings 96

Material Savings Waste Reduction Cost Reduction Strategies Resource Reduction 96

BlueYonder

OCTOBER 6, 2023

“Never let a good crisis go to waste.” Building strategic relationships, enhancing collaboration with logistics providers or 3PLs, and internalizing 3PL/4PL functions to gain more control over logistics operations are all strategies that contribute to supply chain resilience.

Waste Reduction 98

Waste Reduction Inventory Reduction Automotive Cost Reduction Strategies 98

Enterra Insights

DECEMBER 17, 2024

That’s exactly what Kyle Krug , Vice President of Corporate Strategy & Marketing at Legacy Supply Chain Services, suggests. The SAP staff explains, “The good news is that you can now leverage smart technologies and tools to better power increasingly sophisticated supply chain optimization strategies.”

Optimal Sourcing 130

Optimal Sourcing Supply Chain Optimization Modeling Optimization Software 130

SCMDOJO

APRIL 3, 2022

Procurement specialists can use eAuctions to engage and negotiate with more vendors utilizing an organized approach which thus eliminates any need for cumbersome one-on-one meetings. Throughout a genuine and collaborative cooperation with business vendors, they produce innovative approaches to current procurement difficulties.

Vendor Strategies 141

Vendor Strategies Negotiating Skills Price Reduction Purchasing Skills 141

The Logistics & Supply Chain Management Society

NOVEMBER 22, 2022

Where usually all beer manufactured in Singapore is made using imported raw materials, this model of brewing would completely eliminate that need for beer making imports. Local food wastage is reduced, importing raw materials for beer from overseas is eliminated and emissions all around are done away with.

Manufacturing Procurement 245

Manufacturing Procurement Material Savings Singapore Waste Reduction 245

QAD

AUGUST 12, 2021

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. Sustainability Objectives for Manufacturers. Where Does ERP Come into Play with Manufacturer Sustainability Efforts?

Waste Reduction 98

Waste Reduction Resource Reduction Material Savings Inventory Reduction 98

RFgen

DECEMBER 19, 2024

Scaling manufacturing operations is crucial for business growth but presents unique challenges. Balancing increased demand with consistent quality and controlled costs is difficult but essential for manufacturers looking to expand. Successfully scaling manufacturing requires more than just adding resources.

Material Savings 59

Material Savings Sourcing Strategies Resource Reduction Inventory Reduction 59

Logility

SEPTEMBER 17, 2021

Sound sustainability and supply chain management processes mean that organizations can not only reduce their carbon footprint but optimize end-to-end operations for cost savings and increased profitability while satisfying consumers at the same time. Improving waste. Carbon Footprint and Energy Reduction .

Supply and Demand 130

Supply and Demand Waste Reduction Material Savings Supply Chain Planning Software 130

Logistics Viewpoints

FEBRUARY 11, 2021

In a recent survey by Procurement Leaders , 54% of the CPOs reported that they have regular touchpoints with the CEO and are considered a key stakeholder. Let us examine these: Implementing a ‘China Plus One’ strategy: Part of the resiliency comes from having alternate sources of supply.

Manufacturing Procurement 240

Manufacturing Procurement Sourcing Strategies Pharmaceutical Procurement Solutions 240

Enterra Insights

DECEMBER 28, 2021

One oft-discussed strategy to save the planet is transitioning to a circular economy. As the SmartCitiesWorld news team writes, “While the circular economy is still in its infancy, it is a key sustainability strategy being adopted by world and industry leaders in their fight against climate change.”[1]

Material Savings 130

Material Savings Waste Reduction Resource Reduction Cost Reduction Strategies 130

Supply Chain Shaman

SEPTEMBER 28, 2012

That is the role of marketing or sales or procurement. Yes, I believe that supply chain overlays on top of the sales and marketing organizations and the procurement function. Instead, the leadership team needs to build a strategy for the entire organization to focus on the delivery of value-based outcomes.

Pricing Training 262

Pricing Training Supply Chain Design Software Waste Reduction Purchasing Training 262

ivalua

AUGUST 17, 2021

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

Manufacturing Procurement 130

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 130

Kinaxis

SEPTEMBER 12, 2016

The most common strategies for moving from upstream to downstream sites are push and pull strategies , or some mix of both. A pull strategy is when customer demand drives the entire production process. On the other hand, a push strategy is when production is based on long term customer forecasts.

Inventory Reduction 100

Inventory Reduction Waste Reduction Cost Reduction Strategies Material Savings 100

Logility

AUGUST 12, 2021

Higher income, less waste, better quality, and improved food security are among the benefits of the farm-to-fork movement growing worldwide. However, creating a market-driven demand plan that people in different business areas and roles can use to develop individual operating strategies can be challenging.

Manufacturing Procurement 130

Manufacturing Procurement Supply Chain Planning Software Optimal Sourcing Scenario Planning 130

GlobalTranz

FEBRUARY 27, 2017

While trucks have a smaller carbon footprint/kg/km than air freight, the enormous volume of truck freight explains why reducing the carbon footprint is a priority goal. Add in emissions from fork trucks, yard trucks, 3PLs and there’s almost no way for a shipper to assess, track and reduce their carbon footprint easily.

Waste Reduction 120

Waste Reduction Sustainability Cost Reduction Strategies Expense Reduction 120

Logistics Viewpoints

MAY 19, 2022

Containerization eventually reduced shipping and loading costs by at least 75%. The trade with Asia we take for granted today was only possible by mitigating a significant supply chain trade-off – reducing costs without appreciable impacts to quality and service. The problem space has gotten harder, not easier.

Optimal Sourcing 250

Optimal Sourcing Modeling Supply Chain Optimization Optimization Software 250

Logility

DECEMBER 15, 2023

This reality is compelling F&B companies to rethink their strategies and approach to supply chain optimization and demand planning. However, creating a market-driven demand plan that people in different business areas and roles can use to develop individual operating strategies can be challenging.

Optimal Sourcing 175

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 175

Supply Chain Game Changer

DECEMBER 20, 2021

Waste Management article and permission to publish here provided by Carol Trehearn. For the warehousing and light industrial sector, managing waste and effluents efficiently is fast becoming a skill in itself. For a cost perspective, the storage and disposal of waste by-products can be a major component of operating overheads.

Optimal Sourcing 87

Optimal Sourcing Waste Reduction Warehousing Price Mitigation Strategies 87

GlobalTranz

JANUARY 30, 2018

Editor’s Note: This article comes from Steve Wright who works for Whirlwind Steel and shares his knowledge on manufacturing plant site selection. There are a number of factors to consider in manufacturing plant site selection to ensure you have the best location for your new plant. download ebook. Do nearby factories emit dust?

Manufacturing Procurement 150

Manufacturing Procurement Negotiating Skills Manufacturing Buyer Training 150

AIMMS

OCTOBER 17, 2023

Understand the ROI of a decarbonized supply chain Before looking into funding, understand the return on investment (ROI) that decarbonization offers: Cost Savings: Improved energy efficiency and waste reduction can lead to significant cost savings eventually. See how a manufacturing giant revamped their demand planning with AIMMS.

Optimal Sourcing 156

Optimal Sourcing Supply Chain Planning Software Modeling Waste Reduction 156

ToolsGroup

MAY 13, 2019

Barton brings over 15 years of experience leading high-growth SaaS solution teams in the supply chain, procurement and content management markets. ToolsGroup supply chain planning and demand analytics software helps companies deliver exceptional service while reducing global inventory. About ToolsGroup.

North America 48

North America ToolsGroup America Supply Chain Planning Software 48